Carbon Pulse

A daily summary of our news plus bite-sized updates from around the world.

Market participants anticipate the June RGGI auction to settle underneath the secondary market, breaking a year-long trend of above-market settlements in the northeast US cap-and-trade programme.

It’s probably too risky for UK emitters to delay buying EU carbon allowances for compliance until they have clarity on Brexit, a senior analyst said Tuesday, foreshadowing several scenarios that could prove bearish for EUA prices.

EUAs rebounded from a fresh two-month low on Tuesday as bargain-hunting buyers stepped in despite building auction supply pressure.

The Ontario Progressive Conservative government’s suite of climate policies would significantly increase costs for the same amount of emissions abatement that would be achieved under Ottawa’s ‘backstop’ carbon levy and output-based pricing system (OBPS), a study found Tuesday.

The Netherlands government on Tuesday proposed a law to set a minimum CO2 price for its power sector from next year.

China’s environment ministry has ordered provincial governments to produce lists of power plants to be included the national ETS and get them ready to open accounts in the CO2 permit registry.

A daily summary of our news plus bite-sized updates from around the world.

California’s Tropical Forest Standard (TFS) is unlikely to see an erosion in support due to a recent media report's critique of REDD-eligible credits, because the proposal would mitigate most of the flaws that could occur with individual offset projects, two environmental advocates said.

Czechia-based firm EPH gained ground for the second straight year on German utility RWE as the biggest emitter in the EU ETS last year, according to a report published Monday.

Multinational retailer Costco and five other transportation fuel importers will enter the Oregon’s Clean Fuels Programs’ (OCFP) Credit Clearance Market (CCM) to complete their credit purchases for the 2018 compliance year, the state environmental agency announced late Friday.

The EU won’t use more foreign carbon credits in its carbon market, at least for the time being, Brussels officials said on Monday in response to calls for the bloc to reignite international emissions trade.

Youth-led climate lawsuits in the US and Canada will face important turning points this week as federal and provincial judges consider arguments on whether the countries have violated constitutional rights by allowing for continued fossil fuel-led development.

California Carbon Offset (CCO) prices are bound to rise following the May WCI auction results as larger discounts to allowance prices and a shorter timeframe before the next compliance period should incentivise buyers in the coming months, an offset developer said.

European carbon prices tumbled to a two-month low on Monday due to a myriad of bearish factors, experts said.

Pacific Gas & Electric’s (PG&E) decision to skip its second consecutive WCI auction is being viewed as a potential bullish signal for California Carbon Allowance (CCA) prices as participants believe the embattled utility may be a heavier buyer in the future.

There is scope for ASEAN nations to cooperate closer on MRV and carbon pricing instruments, paving the way for what could eventually evolve into a region-wide emissions trading market, a study has found.

A daily summary of our news plus bite-sized updates from around the world.

Environment America is seeking someone for its two-year fellowship program to help the organisation mobilize the support it takes to build more solar and wind power, reduce global warming pollution, keep our beaches, rivers and streams clean, protect our wildlife and wild places, and hold polluters accountable when they violate our environmental laws.

California regulator ARB released a $1.36 million settlement agreement on Thursday with fuel refiner and marketer Tesoro for misreporting six years’ worth of data under the state’s Low Carbon Fuel Standard (LCFS), including several million gallons of deficit-generating fuel.